Civic Intelligence

Normandy Beach Improvement Association Inc

990 • Fiscal year 2017 • EIN 21-0621172

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

PO Box 698Normandy Beach, NJ 08739-0698

(732) 793-0464

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

21st percentile

-14%

Faster asset growth than 21% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

-0.2%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$247,303

Down $39,377 (-14%) from 2016

Net Assets

Down

$247,303

Down $38,827 (-14%) from 2016

Liabilities

Down

$0

Down $550 (-100%) from 2016

Revenue

Down

$304,828

Down $701 (-0.2%) from 2016

Expenses

Up

$343,655

Up $44,988 (+15%) from 2016

Net Income

Down

-$38,827

Down $45,689 (-666%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $262,033Liabilities 2011: $0Net Assets 2011: $262,0332011Assets 2012: $265,643Liabilities 2012: $0Net Assets 2012: $265,6432012Assets 2013: $252,221Liabilities 2013: $0Net Assets 2013: $252,2212013Assets 2014: $269,172Liabilities 2014: $0Net Assets 2014: $269,1722014Assets 2015: $279,427Liabilities 2015: $0Net Assets 2015: $279,4272015Assets 2016: $286,680Liabilities 2016: $550Net Assets 2016: $286,1302016Assets 2017: $247,303Liabilities 2017: $0Net Assets 2017: $247,3032017Assets 2018: $358,257Liabilities 2018: $0Net Assets 2018: $358,2572018Assets 2019: $364,829Liabilities 2019: $0Net Assets 2019: $364,8292019Assets 2020: $289,803Liabilities 2020: $0Net Assets 2020: $289,8032020Assets 2021: $352,559Liabilities 2021: $0Net Assets 2021: $352,5592021Assets 2022: $450,705Liabilities 2022: $0Net Assets 2022: $450,7052022Assets 2023: $520,778Liabilities 2023: $0Net Assets 2023: $520,7782023Assets 2024: $582,933Liabilities 2024: $500Net Assets 2024: $582,4332024

Highlighted filing

2017

Assets$247,303
Liabilities$0
Net Assets$247,303

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $327,4152011Expenses 2012: $383,6082012Revenue 2013: $270,627Expenses 2013: $284,049Net Income 2013: -$13,4222013Revenue 2014: $279,545Expenses 2014: $262,594Net Income 2014: $16,9512014Revenue 2015: $299,637Expenses 2015: $289,382Net Income 2015: $10,2552015Revenue 2016: $305,529Expenses 2016: $298,667Net Income 2016: $6,8622016Revenue 2017: $304,828Expenses 2017: $343,655Net Income 2017: -$38,8272017Revenue 2018: $436,324Expenses 2018: $325,370Net Income 2018: $110,9542018Revenue 2019: $406,499Expenses 2019: $399,927Net Income 2019: $6,5722019Revenue 2020: $324,871Expenses 2020: $399,896Net Income 2020: -$75,0252020Revenue 2021: $575,529Expenses 2021: $512,774Net Income 2021: $62,7552021Revenue 2022: $650,386Expenses 2022: $552,240Net Income 2022: $98,1462022Revenue 2023: $749,486Expenses 2023: $679,413Net Income 2023: $70,0732023Revenue 2024: $767,373Expenses 2024: $705,718Net Income 2024: $61,6552024

Highlighted filing

2017

Revenue$304,828
Expenses$343,655
Net Income-$38,827
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$304,828
Mission and Program Overview

Mission

CIVIC AND RECREATIONAL

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$151,171$142,550▼ $8,621
Savings and Temporary Cash Investments$130,629$100,818▼ $29,811
Cash and Non-Interest-Bearing Accounts$4,880$3,935▼ $945
Total Assets$286,680$247,303▼ $39,377
Liabilities
Other Liabilities$550$0▼ $550
Total Liabilities$550$0▼ $550
Net Assets / Fund Balance
Unrestricted Net Assets$271,130$247,303▼ $23,827
Temporarily Rstr Net Assets$15,000$0▼ $15,000
Total Net Assets Fund Balance$286,130$247,303▼ $38,827
Total Liabilities and Net Assets / Fund Balance$286,680$247,303▼ $39,377

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$124,955$38,201$163,156
Other Land Buildings$17,235$8,920$26,155
Equipment$360$3,965$4,325
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donna RothmanPresident
Randy WilcoxVice President
Carole CeresiSecretary
Larry ReidTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$299,678
Investment Income
$190
Other Revenue
$4,960
Change in Net Assets
$-38,827

Audited Revenue Reconciliation

Revenue per Audited Statements
$304,828
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$304,828
Total Revenue per Form 990
$304,828
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$181,588
Other Expenses$162,067
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$150,017$16,669-$166,686
Occupancy$47,060$4,940-$52,000
Insurance-$29,396-$29,396
Office Expenses$11,788$7,104-$18,892
Fees for Services Other-$15,577-$15,577
Payroll Taxes$13,412$1,490-$14,902
Depreciation Depletion-$8,620-$8,620
Fees for Services Accounting-$8,347-$8,347
All Other Expenses$1,253$678-$1,931
Other Expenses$1,775$1,893-$1,775
Total Functional Expenses$240,236$103,419$0$343,655

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$343,655
Total Expenses per Audited Statements$343,655
Total Expenses per Form 990$343,655
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members and stockholders.

Form 990, Part VI, Section A, Line 7A

Members hold an election every september where the new board is elected.

Form 990, Part VI, Section A, Line 8B

The organization has a committee with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

A copy of the 990 us sent to all officers for review and approval prior to mailing.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Normandy Beach Improvement Association I
EIN
21-0621172
Phone
7327930464
Address
PO BOX 698, NORMANDY BEACH, NJ 08739-0698

Signing Officer

Name
Larry Reid
Title
Treasurer
Phone
7327930464
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Reid
Formed
1937
Legal Domicile
Nj
Voting Board Members
15
Independent Board Members
15
Employees
66
Volunteers
0

Preparer

Firm
Mspc Cpas & Advisors Pc
Address
340 NORTH AVENUE EAST, CRANFORD, NJ 07016-2496
Preparer
Jon S Gagliardi
Phone
9082727000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a nonprofit organization and has obtained tax-exempt status from the internal revenue service under the provisions of section 501(c) (4) of the internal revenue code. Income can be taxable, however, if the organization engages in substantial lobbying activities, participates in political campaigns, or if substantial income is earned from business activities unrelated to the main purpose of the organization. The accounting standards on accounting for uncertainty in income taxes address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from a tax position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the year ended december 31, 2017. The organization files its forms 990 in the u.s. Federal jurisdiction and is generally no longer subject to examination by the internal revenue service for years before 2014, generally for 3 years after they are filed.

Raw XML Appendix355 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/RevenueSubtotalAmt0304828
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT ORGANIZATION AND HAS OBTAINED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C) (4) OF THE INTERNAL REVENUE CODE. INCOME CAN BE TAXABLE, HOWEVER, IF THE ORGANIZATION ENGAGES IN SUBSTANTIAL LOBBYING ACTIVITIES, PARTICIPATES IN POLITICAL CAMPAIGNS, OR IF SUBSTANTIAL INCOME IS EARNED FROM BUSINESS ACTIVITIES UNRELATED TO THE MAIN PURPOSE OF THE ORGANIZATION. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED DECEMBER 31, 2017. THE ORGANIZATION FILES ITS FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2014, GENERALLY FOR 3 YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0142550
IRS990ScheduleD/TotalExpensesPerForm990Amt0343655
IRS990ScheduleD/TotalRevenuePerForm990Amt0304828
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0304828
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0343655
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS AND STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS HOLD AN ELECTION EVERY SEPTEMBER WHERE THE NEW BOARD IS ELECTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 US SENT TO ALL OFFICERS FOR REVIEW AND APPROVAL PRIOR TO MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt015000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0286680
IRS990/TotalAssetsEOYAmt0247303
IRS990/TotalAssetsGrp/BOYAmt0286680
IRS990/TotalAssetsGrp/EOYAmt0247303
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt066
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0103419
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0240236
IRS990/TotalFunctionalExpensesGrp/TotalAmt0343655
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0550
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0550
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0286130
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0247303
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0240236
IRS990/TotalProgramServiceRevenueAmt0299678
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0304828
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0304828
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0286680
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0247303
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0271130
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0247303
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0475 NORMANDY DRIVE
IRS990/USAddress/CityNm0MANTOLOKING
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008738
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0NBIANJ.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY REID
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07327930464
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORMANDY BEACH IMPROVEMENT ASSOCIATION I
ReturnHeader/Filer/BusinessNameControlTxt0NORM
ReturnHeader/Filer/EIN0210621172
ReturnHeader/Filer/PhoneNum07327930464
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 698
ReturnHeader/Filer/USAddress/CityNm0NORMANDY BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd0087390698
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00EB4CE1ACD44DB279B6C2D9A8476B20948576B96
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07E63F034CFDE49CEAA402A8D6D83A06EB0E6F5E0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0107.0.40.162
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:20:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222951202
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MSPC CPAS & ADVISORS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0340 NORTH AVENUE EAST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CRANFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070162496
ReturnHeader/PreparerPersonGrp/PhoneNum09082727000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JON S GAGLIARDI
ReturnHeader/ReturnTs02018-11-15T09:20:30-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.83$0.01$5.82$7.67$7.06$0.62
2023Summary only. Only limited summary data is available for this year.$5.21$0.00$5.21$7.49$6.79$0.70
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$0.00$4.51$6.50$5.52$0.98
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.00$3.53$5.76$5.13$0.63
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$0.00$2.90$3.25$4.00$0.75
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.00$3.65$4.06$4.00$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.58$0.00$3.58$4.36$3.25$1.11
2017Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$3.05$3.44$0.39
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.01$2.86$3.06$2.99$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$3.00$2.89$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$2.80$2.63$0.17
2013Detailed filing. Detailed filing data is available for this year.$2.52$0.00$2.52$2.71$2.84$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.00$2.66$3.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.00$2.62$3.27